Wednesday, March 05, 2008

Microfinance

If you educate a man, you educate a person. If you educate a woman, you educate a family. Women multiplying effect. Ghandi.

Help poor families help themselves to overcome poverty.

The lending process: contact with the client, visti to the microbusiness, credit comittee, second visite for disbursement, follow-up.

Lessons: People know the solution to their problems, they just need the opportunity; if you give a person more than what she needs, you can cause great harm; follow-up is crucial; credit process and method should adapt to the business needs; mena are also good clients.